JOHANNESBURG, Dec 2 (Reuters) - Struggling state-owned airline South African Airways (SAA) made 5.f
JOHANNESBURG, Dec 2 (Reuters) – Struggling state-owned airline South African Airways (SAA) made 5.four billion rand ($367 million) loss within the 12 months to the tip of March 2018, a duplicate of SAA’s monetary report seen by Reuters confirmed.
SAA’s liabilities exceeded its belongings by round 13 billion rand as of March 2018, in accordance with the report, which SAA despatched to a parliamentary committee.
SAA had not beforehand disclosed its monetary outcomes for the 12 months ending in March 2018. SAA’s spokesman Tlali Tlali requested for inquiries to be submitted by e mail.
($1 = 14.7075 rand)
(Reporting by Alexander Successful, Enhancing by Franklin Paul)
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